News for hackers. Stuff that matters.

A comment on Investing for Geeks. Parent comment

Re:Investing for Geeks by cbhl on Friday September 16, 2016 @02:01PM (#12515940)
If you live in Silicon Valley, a new grad would probably be in the 28% or 33% bracket just to be able to afford renting a studio apartment on their own.
[ Parent | on HN ]
Re:Investing for Geeks by loeg on Friday September 16, 2016 @02:40PM (#12516269)
GP is talking about Federal brackets. 33% starts at $190,150 AGI (after deductions) which is well above what a new grad could expect (from their employer) or require to pay rent, even in the valley.
[ Parent | on HN ]